Interesting, do you have sources for the 'participatory budgeting' you mentioned?
It is also interesting to note that is actually against the idea of one-person one-vote.
I think he has the similar line of thinking of John Adams and Alexander Hamilton
"John Adams and Alexander Hamilton observed that a man
who is dependent for his subsistence on the arbitrary will of another
man is not economically free and so should not be admitted
to citizenship because he cannot use the political liberty which belongs
to that status. "
- The Capitalist Manifesto. Kelso
RE: Economic Power should be governed just like Political Power.